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2.3¢ rent.com.au limited

RNT going back to 5 cents and then to 2 cents, page-7

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Risky_bintag

107 Posts.

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14/09/17

09:26

Post #: 27206211
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Originally posted by moose9000 ↑

The burn rate is too high, and the lack of revenue growth is scary, because it does not support the massive payroll, marketing expenses, and growing debt burden.

These 3 facts can be easily be confirmed by anyone.

RENT is a company that will not survive, without another massive cash injection. So, another dilution of shares is inevitable, and with increased shares hitting the market, the price will fall.

My intention is to put forward the simple idea that you can sell your shares at 7.8 cents today, instead of 2 cents in a few months time.

The fact that you have researched all my posts, suggests you are one very nervous shareholder, holding way too many shares of RNT, shares that will soon be worth 2 cents.

I have seen many similar firms, with similar burn rates, try to convince investors that everything is OK, when in fact the company can not generate enough renveue to stay alive.

Good luck, and enjoy the trainwreck as it heads to 2cents.

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Goose, my "research" is now fully up to date with your latest trollop. In fact, your current post growth rate is currently 25% Post On Post, well done.

Now that you've laid out your marker let's reconvene in November to see how good your predictive powers are.

RNT Price at posting: 7.9¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 2.3¢		Change 0.000(0.00%)		Mkt cap ! $14.35M

Open	High	Low	Value	Volume
2.3¢	2.3¢	2.2¢	$8.907K	390.4K

Buyers (Bids)

No.	Vol.	Price($)
2	262647	2.3¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	173262	3

View Market Depth

No.	Vol.	Price($)
3	327598	0.017
3	139228	0.016
9	948115	0.015
3	445000	0.014
3	191615	0.013

Price($)	Vol.	No.
0.018	345544	1
0.019	168070	4
0.020	2702	1
0.021	382000	3
0.022	18333	1

Last trade - 16.10pm 25/11/2024 (20 minute delay)

RNT (ASX) Chart

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